Hess Midstream Partners LP opened its IPO of 12.5 million common units representing limited partner interests priced between $19 and $21 each, the company said March 27.
The common units being offered represent about 22.5% limited partner interest in the partnership, or about 25.8% limited partner interest if the underwriters exercise their option. Underwriters will have a 30-day option to purchase about 1.87 million additional units.
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